Prohibited investment activities in Vietnam

Under Investment Law of Vietnam, foreign investors are entitled to invest in business lines which are not prohibited. This is just another fundamental with high importance to every investor during investment research and before gambling loads of money in a foreign country like Vietnam.

According to Investment Law, investments in the following activities are banned:

Trade in the narcotic substances specified in Table 1;

Trade in the chemicals and minerals specified in Table 2;

Trade in specimens of wild flora and fauna specified in Appendix 1 of Convention on International Trade in Endangered Species of Wild Fauna and Flora; specimens of rare and/or endangered species of wild fauna and flora in Table 3;

However, specific Government’s regulations shall apply to production and use of products mentioned in numbers 1, 2, and 3 for analysis, testing, scientific research, medical research, pharmaceutical production, criminal investigation, national defense and security protection.